Works start on tourism complex in Da Nang

The Empire Group has recently broken ground on the Cocobay tourism and entertainment complex in Ngu Hanh Son district in the central coastal city of Da Nang.
Works start on tourism complex in Da Nang ảnh 1Illustrative photo (Source:cocodanang.com)

Hanoi (VNA) – The Empire Group has recently broken ground on the Cocobay tourism and entertainment complex in Ngu Hanh Son district in the central coastal city of Da Nang, reported Lao Dong newspaper.

The Cocobay project will cover 31 hectares of land along 600 metres of coast.

The project will include an indoor theater with 1,200 seats and an outdoor stage that holds up to 2,000 people.

The largest tourism square and the longest pedestrian street in Vietnam will also form part of the complex.

The first phase of the project is expected to put into operation next year.

Da Nang, one of Vietnam's most popular tourist destinations, is home to several beautiful beaches, the Ngu Hanh Son (Marble Mountains), Bana Mountain resort, and Champa museum.-VNA

VNA

See more

A refilling station of Petrolimex (Photo: VNA)

Import tariffs on certain fuel products reduced to 0%

Rising tensions in the Middle East, particularly the conflict involving the US, Israel and Iran, have significantly affected the global energy market, especially shipping activity through the Strait of Hormuz – a strategic route for transporting crude oil from the region.

Fishermen raise the national flag before heading out to the sea to affirm Vietnam’s sovereignty over its seas and islands. (Photo: VNA)

Dong Thap promotes IUU awareness from start of fishing season

Gia Thuan commune, located in the eastern part of the province, is a key fishing locality with 563 fishing vessels, including 423 offshore boats and 140 nearshore vessels, producing an average annual catch of over 42,970 tonnes of seafood.

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.